Market Announcement: AwardOptions for the Oscar nominees are now trading.

Incredibles 2 $500M Blockbuster Warrant

Symbol:NCRD2.BW
Status:Inactive
Delist Date:Sep 4, 2018

Description

Blockbuster Warrants

Blockbuster Warrants are Hollywood Derivatives which allow traders the opportunity to invest in the long-term financial success of the biggest studio movies. Blockbuster Warrants are similar to Call Options, except the strike price is set for 12 weekends of box office in wide release.

If this particular film makes the strike price by its 12th weekend of wide release, then the warrant will cash out at the difference between the actual box office and the strike price. If the film does not hit the strike price, then the warrant will cash out at zero.

For Example: A $100M Blockbuster Warrant has a strike price of H$100. It will delist at zero if the movie does not make more than $100 million after 12 weekends. If the film makes more than $100 million, then the Warrant will cash out at a price determined by the following formula: (Actual Box Office - Strike Price). If the film made $125 million, then the Warrant would cash out at H$25.00 ($125 - $100).



Related Securities

MovieStocks

Related Posts

Forum DiscussionsMore »

Incredibles 2 $500M Blockbuster (NCRD2.BW)

H$102.58 September 4, 2018

Delist DateDelist Price

Shares Held Long on HSX: 0
Shares Held Short on HSX: 0
Trading Volume on HSX (Today): 240,166



High and Low Trading Prices

This Week H$26.28 H$25.04
This Month H$26.28 H$20.93
This Season H$26.28 H$5.00
This Year H$26.28 H$5.00

Quick HelpGlossary »

What is a: Derivative, Status, Change Today


Think you can manage?

Think you have what it takes to manage a Movie Fund? If you have a portfolio worth over H$100 million, then submit your fund idea proposal to macdaddy@hsx.com.

Relive aka Only You (ONLYU) 50000 5.40 (+0.79)         Untitled Christopher Nolan (UCNOL) 100000 80.00 (0.00)         Taylor Schilling (TSCHI) 20000 17.56 (-0.08)         Brittany Runs a Marathon (BRUNM) 1000 12.08 (+1.98)         Brittany Runs a Marathon (BRUNM) 1000 12.08 (+1.98)         After (AFTR1) 1000 25.11 (+2.62)         After (AFTR1) 1000 25.11 (+2.62)         Untitled Christopher Nolan (UCNOL) 100000 80.00 (0.00)         Oscar Isaac (OISAA) 20000 57.26 (-0.40)         Nora Dunn (NDUNN) 20000 36.56 (-0.16)         World War Z 2 (WWZ2) 39115 19.76 (+0.06)         High Flying Bird (HFBRD) 100000 0.20 (0.00)         Alita: Battle Angel (ALITA) 100000 68.67 (-3.30)         Untitled Christopher Nolan (UCNOL) 100000 80.00 (0.00)         Matthew McConaughey (MMCCO) 20000 65.66 (+0.13)         Merlin (MERLN) 100000 29.51 (-0.13)         Words on Bathroom Walls (WOBRW) 3000 6.74 (0.00)         Happy Death Day 2U (HDTH2) 61642 31.74 (-1.35)         Maisie Williams (MAWIL) 20000 5.08 (+0.23)         Happy Death Day 2U (HDTH2) 100000 31.74 (-1.35)         Untitled Christopher Nolan (UCNOL) 100000 80.00 (0.00)         Untitled Christopher Nolan (UCNOL) 100000 80.00 (0.00)         The Lodge (LODGE) 4000 7.95 (-0.06)         Jessica Rothe (JROTH) 20000 57.85 (-0.66)         Red 11 (RED11) 100000 3.90 (-0.10)         Will Arnett (WARNE) 20000 71.88 (-0.40)         Tyler Perry's A Madea Family Fun (MADFF) 5 45.75 (+1.10)         Jake Gyllenhaal (JGYLL) 20000 11.94 (+0.04)         Jack Huston (JHUST) 20000 32.69 (0.00)         Tyler Perry's A Madea Family Fun (MADFF) 6 45.75 (+1.10)         Killers Anonymous (KANON) 10000 5.36 (-0.06)         Untitled Christopher Nolan (UCNOL) 100000 80.00 (0.00)         Hiroyuki Sanada (HSANA) 20000 20.98 (+0.08)         The LEGO Movie 2: The Second Par (LEGO2) 100000 96.06 (-0.74)         The Billion Brick Race (BBRAC) 5000 15.32 (-0.08)         Gemma Arterton (GARTE) 20000 7.07 (-0.08)         Ruben Brandt, Collector (RBCOL) 73 1.20 (-0.07)         Uma Thurman (UTHUR) 20000 7.21 (+0.16)         Ruben Brandt, Collector (RBCOL) 127 1.20 (-0.07)         Damian Lewis (DLEWI) 20000 17.25 (0.00)         A9: A Star Is Born - Adapted (A9EASB) 20000 7.13 (-0.16)         Dune (DUNE) 10000 92.56 (+1.55)         Red Sonja (SONJA) 100000 4.32 (-0.10)         Untitled Christopher Nolan (UCNOL) 100000 80.00 (0.00)         Birds of Passage (BOPSG) 125 1.01 (-0.06)         A Dog's Journey (ADOG2) 17000 46.46 (+0.08)         A9: A Star Is Born - Adapted (A9EASB) 20000 7.13 (-0.16)         Taylor Schilling (TSCHI) 20000 17.56 (-0.08)         Armie Hammer (AHAMM) 20000 38.80 (-0.08)         47 Meters Down: Uncaged (48MDW) 5000 25.84 (+0.06)